LinguaNext eyes Rs 200 crore revenue in 3 years

MUMBAI: LinguaNext Technologies, engaged in offering language management solutions, expects 10-fold jump in revenues to Rs 200 crore in the next three years, driven by their next generation language technology.

The Pune-based company has developed Linguify.S, which enables SAP solutions to operate in all Indian languages without requiring any upgrades or modifications.

"We are expanding our next generation language technology by introducing more Indian as well as foreign languages. We expect our revenue to increase from Rs 20 crore at present to Rs 200 crore in the next three years," LinguaNext COO Jagdish Sahasrabudhe told PTI here.

While large organisations have adopted SAP solutions, the lack of local language support has thus far made the effective use of SAP limited to only English-capable parts of the organisation.

This led to unnecessary centralisation, duplicity of paper and electronic processes and possibility of errors due to the inefficiencies required to use English, Sahasrabudhe said.

Commenting on growth prospects, he said the IT e-governance spend is estimated at Rs 22,000 crore and 25 per cent of which needs language solutions.

Incidentally, the company has provided its solution to State Bank of India, which was the first to use Hindi in its operations in a big way.

Linguify.S works entirely on the client PC by intercepting the SAP output and presenting it in the required different language after looking up the translations in a manually created dictionary.

The company today offers 18 Indian and 15 foreign languages, including Chinese, Japanese, Korean, Arabic and European, and offers its services to 60 large customers, including 25 of the Forbes Global 2,000 and a deployed base of over 10 lakh end users.